Primorus Investments Share Discussion Threads

[vinceelliott] 03/3/2017 08:29

Dilution at the proposed level is ridiculous. However, at present, the company is worth the value of its HHDL holding alone.

[sweepie2] 03/3/2017 07:08

Primorus Investments plc (AIM: PRIM, ISDX: PRIM) announces that it has today raised GBP237,000 by way of a placing (the "Placing") of 158 million new ordinary shares of 0.01 pence each (the "Placing Shares") at 0.15 pence per share.

The Placing Shares have been placed subject only to admission to trading on AIM ("Admission"). Application has been made for Admission and it is expected that dealings in the Placing Shares will commence at 8.00 a.m. on 9 March 2017.

The Placing Shares will represent approximately 12.36% of the Company's enlarged issued share capital and the total number of shares in issue following completion of the Placing will be 1,268,548,934. The funds raised from the Placing will allow the Company to pursue further investment opportunities in accordance with its investing policy.

Notice of General Meeting

The Placing will utilise nearly all of the Directors' current authorities to issue new ordinary shares free of pre-emption rights and accordingly they are seeking shareholders' authority to issue up to a further 3,000,0000,000 shares in order to facilitate a further placing as well as providing additional headroom for the future issue of further new ordinary shares. If such authority were to be granted, the 3,000,000,000 shares would represent 236% of the enlarged issued share capital following the Placing. The Directors wish to undertake a further placing and, while there can be no certainty that such a placing will succeed, believe that investor interest exists for a placing of up to GBP4,000,000, with the proceeds being to allow the Company to pursue further investment opportunities in accordance with its investing policy.

The Company is today posting to shareholders a notice of General Meeting seeking shareholder approval for granting the Directors of the Company authority to allot Ordinary Shares and disapply statutory pre-emption rights.

The General Meeting will be held at 11.00 a.m. on 20 March 2017 at 8th Floor, The Broadgate Tower, 20 Primrose Street, London EC2A 2EW. Once posted, the notice of General Meeting will also be made available to view on the Company's website at www.primorusinvestments.com.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

[temmujin] 15/2/2017 21:39

still not a word from the BODs

[daicaprice] 07/2/2017 07:50

And there it is, should be an interesting day.

DC

[daicaprice] 31/1/2017 12:34

Yea looked a bit lively earlier, maybe some HH news due.

DC

[tuff] 31/1/2017 11:43

Maybe Bods had heartache.. lol

[daicaprice] 17/1/2017 14:51

There's a planning meeting tomorrow in Surrey for HH if it's on the agenda, someone speculating or hopefully someone in the know.

DC

[daicaprice] 17/1/2017 13:55

Must have been a well worked buy through the morning then cos at 12.32pm he was already paying .18p.

DC

[temmujin] 17/1/2017 13:37

5m trade was a buy...look how the mms tried to disguise as a sell

[daicaprice] 17/1/2017 12:42

Looks like someone got a sniff of something news wise.

DC

[temmujin] 11/1/2017 10:05

next person to sell are history...

[daicaprice] 10/1/2017 11:40

A little bounce again.

DC

[temmujin] 06/1/2017 14:24

did i see blue? wonders will never cease...now please dont sell into the rise

[daicaprice] 29/12/2016 16:26

Even more under the radar now, bet they take it private and then crank up any action.

DC

[dafrog] 17/12/2016 07:22

[...] How childish to stop urls!

[sweepie2] 11/12/2016 20:38

Well at the price they are at,it could be a multi bagger until you can
Calculate how many extra shares will come out of the printers. The Oz investment is the best chance they have of restricting huge dilution.
CEO should give up salary but do turkey"s vote for Xmas?

[temmujin] 10/12/2016 11:08

hxxps://audioboom.com/posts/5359833-656-ed-mcdermott-on-angus-energy-angs-and-doc-holiday?playlist_direction=forward&;t=0

[temmujin] 08/12/2016 16:01

i hear Fresho is doing very well in Aus...could be a winner for PRIM

[temmujin] 08/12/2016 03:41

stellar even said the mine was in south wales on their website...thick or what?